Northeast Community Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 620676416 ✦ Elizabethton, TN ✦ Designated as a 501(c)(14)

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Overview

What is Northeast Community Credit Union?

Northeast Community Credit Union is a financial institution located at 980 Jason Witten Way, Elizabethton, Tennessee 37643. Acting as a nonprofit entity, its primary mission is to offer a wide range of financial services to its approximately 12,717 members. These services encompass loans, savings, and various other financial products. With a team of 52 dedicated employees, the credit union strives to provide financial support and assistance to its community members.


Official website here: www.bymycu.org

Is Northeast Community Credit Union legitimate?

Northeast Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Northeast Community Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,552,474

For more financial information, click here


Official website here: www.bymycu.org

What is the mission statement of Northeast Community Credit Union?

The Northeast Community Credit Union, serving approximately 12,717 members, is committed to providing financial services. Its mission encompasses offering loans, savings, and various other financial services to its members. The credit union actively provides a range of loan services to its members, serving as a reliable financial resource for them.


Official website here: www.bymycu.org

Who is the CEO of Northeast Community Credit Union?

Teresa Arnold is the President/Ce of Northeast Community Credit Union.


Official website here: www.bymycu.org

What is the revenue of Northeast Community Credit Union?

Northeast Community Credit Union's revenue in 2022 was $6,535,819.


Official website here: www.bymycu.org

Who are the executives of Northeast Community Credit Union and what are their salaries?

The average compensation at Northeast Community Credit Union during 2022 was $29,855. There are 52 employees and 8 volunteers at Northeast Community Credit Union.


Here are 10 key members and their salaries:


Teresa Arnold (President/Ce)
  • Compensation: $157,520
  • Related: $0
  • Other: $21,026
Kevin Buckles (Cfo)
  • Compensation: $61,192
  • Related: $0
  • Other: $13,918
Raymond Hill (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vickey Broyles (Board Vice C)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Hayes (Board Sec/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
John K Geagley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay Arnold (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Clark (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis L Wilson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Campbell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bymycu.org

Where can I find the form 990 for Northeast Community Credit Union?

Northeast Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bymycu.org

Learn more at the official website: www.bymycu.org

Mission Statement of Northeast Community Credit Union

Northeast Community Credit Union is dedicated to serving its approximately 12,717 members by providing a range of financial services. At its core, the mission of the credit union is to offer loans, savings options, and various other financial assistance to its members. By doing so, Northeast Community Credit Union strives to contribute positively to the financial well-being of its community. The credit union's services are designed to support its members, helping them manage their finances and achieve their financial goals, thus demonstrating its commitment to its members' financial success.

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Impact




October, 2024

Northeast Community Credit Union plays a significant role in the financial well-being of its community in Elizabethton, TN. By providing a wide range of loan services, the credit union supports approximately 12,717 members, helping them achieve their financial goals and improving their quality of life. Its mission focuses on offering loans, savings, and other essential financial services, fostering a sense of financial security and stability within the community. The credit union's commitment to accessible financial services enhances the economic health of the area and empowers its members to make informed financial decisions.




This information is meant to be a general summary of Northeast Community Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$6,535,819 (2022)
Expenses
$5,480,680 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,348,389
  • Program Service Revenue: $5,041,864
  • Gross Receipts: $6,535,819

Assets and Liabilities:

  • Total Assets: $182,357,062
  • Total Liabilities: $161,346,944
  • Net Assets: $21,010,118

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INTEREST ON LOANS

Revenue

$3,336,179

FEE INCOME

Revenue

$1,705,685

Organization Details

Founding Year

1952

Principal Officer

Teresa Arnold

Main Address

980 JASON WITTEN WAY, ELIZABETHTON, TN, 37643

NTEE Category

Code: W60 - Public benefit

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